NY CEO Gets 8 Years in Prison for Pre-IPO Fraud therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
New York scammer gets 97-month prison sentence insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
(41NBC/WMGT) - A 30-year-old New York man was sentenced to 97 months in prison on Tuesday for a pre-IPO scam that swindled more than 50 investors, including two from the Middle District of Georgia, out of nearly $6 million.
SEC Obtains Nearly Nine Million Dollar Final Judgment Against Vika Ventures LLC hedgeco.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeco.net Daily Mail and Mail on Sunday newspapers.
Victim-investors paid nearly $6 million for the purchase of pre-IPO shares of select private companies and never received their promised shares. Suspect bought luxury items with the money.